Breaking: The Fed is expecting higher inflation and fewer rate cuts in 2025 with the Fed Funds Rate ending next year at 3.9%. Higher for longer is the overall message and a pause at the January meeting seems like a high probability bet.
Discussion
So, what does this mean?
Market expects less rate cuts next year so they threw a tandrum with today's dump.
Man it’s such nonsense.
I agree but this is what markets trade off now. Not fundamentals but the expectations of the speed of the money printer. Fiat games. Stay humble and stack sats is a much simpler life.
True true. I think I’m just feeling impatient with the transition from fiat mind games to bitcoin free markets